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20130113
20130121
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MSNBCW 2
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MSNBC
Jan 15, 2013 9:00am PST
the defense industry, which is not to say that there aren't plenty of democrats whose bread is not being buttered by defense contractors, but if you look down at the breakdown of sequester cuts, defense gets hit with $55 billion in cuts, but they are much more severe, and as dave wood from the huffington post has said, it's like taking a meat clever to the defense industry. the nondefense cuts, 55 billion, same amount, but social security, retirement, veterans medicaid, snap, food stamps and jobless benefits are all exempt, steve. >> i think there's a sort of story here now that's been two years in the making where at some point this is going to have to come to a head. at some point president obama is going to have to call the bluff of the republicans. there were battles over continuing resolutions to fund the government in 2011. there was a summer of 2011 with the debt ceiling. there was the super committee. they were setting up the fiscal cliff. now we've got continuing resolution in march. now we've got the sequester, march 1st. now we've got debt ceiling all over again. one of these
MSNBC
Jan 14, 2013 9:00am PST
of this economy. it's interesting that a lot of people who recognize that when it comes to defense spending, some of the same folks who say we have to cut spending or complain that government jobs that don't do anything. they say, wow, this is an important part of the economy in my district. we shouldn't stop spending on that. let's just makes we're not spending on those other folks. my hope is commonsense prevails. it's always my preference. that's what would be good for the economy. let me just repeat. if the issue is deficit reduction, getting our deficits sustainable over time, getting our debt in a sustainable place, then democrats and republicans in congress will have a partner with me. we can achieve that, and, you know, we can achieve it fairly quickly. we know what the numbers are. we know what needs to be done. we know what a balanced approach would take, and we've done probably more than half of the deficit reduction we need to stabilize the debt and the deficit. there's probably been more pain and drama in getting there than we needed, and so finishing the job shouldn't be that diffic
Search Results 0 to 1 of about 2